Co-op: Discount for ethical investors

Monday, 09 November 2009 12:00

The Co-operative Investments is offering a discount of up to five per cent off the initial charge to customers investing a lump sum into one of its sustainable funds.

It is launching the deal to mark National Ethical Investment Week, which runs until Saturday, November 14th.

The discount applies to all Co-op's sustainable investments funds including its flagship Sustainable Leader's Trust and its range of multi-asset cautious-managed and balanced-managed sustainable funds.

According to Co-op as many of two in every three investors are unknowingly ethical despite sustainable investment equating to less than two per cent of the overall UK market.

A survey conducted by the investment provider found once people were given an explanation of sustainable investment themes and opportunities interest increased to 65 per cent investors.

Zack Hocking, head of investments at The Co-operative Investments, said: "The study confirms that sustainable investment is attractive to a majority of investors providing they understand the remit and the opportunities."

The discount is available to customers investing before November 26th.

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